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93 search results for "Don\'t Be so Sure"

Under the Abacus Deals

April 22, 2010
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Wall Street Journal reporters examine the mortgages beneath the Abacus deals. Nice mix here of foreclosure stories, from a guy who got hit by a truck and a Romanian immigrant who got scammed by a predatory lender, to a woman in California’s Inland Empire who worked as a nursing-home assistant and also somehow allegedly...
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Call It Corruption

April 16, 2010
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The Wall Street Journal has a boffo take on corruption as a macroeconomic drag. The story is about Greece, but the methods are applicable worldwide, and in places like Baltimore. Leaning on forthcoming research from the Brookings Institution and reports from Transparency International, the story links Greece’s culture of corruption to its flagging tax...
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State Senate Threatens to Derail Red Line, Purple Line, and Corridor Cities Transitway

April 5, 2010
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State Senate Threatens to Derail Red Line, Purple Line, and Corridor Cities Transitway

That’s not the stated reasoning—that would be testing, again, the viability of a heavy-rail option for the much-needed east-west transit line—but that would be the probable outcome if the Senate gets its wish: a full restudy of the Red Line, Purple Line, and Corridor Cities Transitway, three public-transportation projects proposed in Maryland. The House...
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Mistaking the Transmission for an Engine

March 30, 2010
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The Times’ David Leonhardt had a long and thoughtful take on financial re-regulation Sunday, focusing mainly on the details and their larger implications. But he brushed past the real issue in a couple of places. Here’s the closest he gets: What may be more worrisome than the size of any individual bank is the...
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Mandated Health Insurance? How UnAmerican!

February 26, 2010
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Today I received the first of what I expect will be a million billion (more) e-mails focused on the tyranny of forcing people to buy health insurance. It came from Joe of Towanda, Pa. (he doesn’t want his name used here—”I know where you’re coming from,” he says). I have no idea why he...
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Catherine Pancake On the Impact of Black Diamonds, Her 2006 Film About Mountaintop Removal

February 23, 2010
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The devastation wrought by mountaintop-removal mining was brought into tight focus by Catherine Pancake of Baltimore (a native West Virginian), with the 2006 release of her documentary Black Diamonds: Mountaintop Removal and the Fight for Coalfield Justice, to which CP devoted a cover story that year. The film went on to win numerous awards,...
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BPD: Just Stay Home

February 10, 2010
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This just in from the Baltimore Police Department: Don’t drive anywhere today. Not that you were planning to, right? Seriously, public transportation isn’t even running today. The city has also implemented “Phase III” of its snow-emergency plans, which means no vehicles on city roads, except for authorized emergency vehicles. Mayor Stephanie Rawlings Blake is...
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More Apartments, Less Parking, but 1621 Bank St. Is Not to Be Demolished

February 3, 2010
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A $13 million mixed-use development in Upper Fells Point would not be financially viable without 38 percent more apartments, the developer says. And it will have less parking than required by zoning regulations, a situation City Councilman James Kraft (D-1st) pledged to oppose. “We basically won the right to redo this property right at...
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Former Housing Commissioner’s Redevelopment Project Spitting Bricks

February 2, 2010
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Former Housing Commissioner’s Redevelopment Project Spitting Bricks

Bricks are heavy | Image by Photos by Edward Erison Jr. A long-planned redevelopment project in Upper Fells Point hit what may be another obstacle last week when city housing officials posted an “emergency condemnation and demolition notice” on the building. Yellow caution tape adorned the sidewalk near the front door of 1621 Bank...
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Bmore Publisher Pitched Proposal for Taxpayer Funding

January 19, 2010
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Since Jan. 13, when City Paper mistakenly reported that the City of Baltimore awarded a $10,000, one-year contract to the online publication Bmore, new information has come to light about the deal, which was pulled from the Jan. 13 Board of Estimates agenda at the last minute. First Deputy Mayor Andrew Frank, answering questions...
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Online Pub Bmore Appears on Board of Estimates Agenda

January 15, 2010
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Correction: According to the Baltimore City Comptroller’s Office, the $10,000 one-year city contract with “Issue Media Group – Bmore,” which we reported was awarded yesterday by the Board of Estimates, was in fact withdrawn from the board’s agenda prior to the meeting. No further information about the contract—listed on page 60 of the board’s...
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Mortgage mods could be a win-win-lose

November 23, 2009
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The New York Times had a don’t-miss story Sunday showing how good news for some homeowners facing foreclosure may mean bad news for everyone else. The story looks at the market for distressed mortgage-backed securities, and explains that some of the institutions that buy these toxic assets from failing banks pass on some of...
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